Srinagar, July 3 (KNS): The Chamber of Commerce and Industry Kashmir (CCIK) has welcomed the decision of Jammu and Kashmir Bank to extend the deadline of its Special One-Time Settlement (OTS) Scheme by two months, now valid until September 1, 2025.
In a statement issued to KNS, CCIK President Tariq Ghani expressed gratitude to J&K Bank’s Managing Director and CEO, Amitava Chatterjee, for showing a deep understanding of the challenges faced by local businesses and responding promptly to their needs.Click Here To Follow Our WhatsApp ChannelHe said the extension offers much-needed relief to the business community, especially those still recovering from recent economic setbacks, including the April 22 incident in Pahalgam that affected tourism.
Ghani also thanked Lieutenant Governor Manoj Sinha, the Chief Minister, and senior officials for supporting the move. He said such timely decisions rebuild confidence among small and medium businesses and help reduce financial stress across Jammu and Kashmir. (KNS)